TCI Express soars 13% on heavy volumes, hits new high on strong Q2 results

Shares of TCI Express hit a new high of Rs 1,853.95, soaring 13 per cent on the BSE in Tuesday’s intra-day trade on back of heavy volumes. In the past four weeks, the stock of the logistics company has rallied 25 per cent after the rating agency ICRA reaffirmed ratings of the commercial paper of the company and a strong July-September quarter (Q2FY22) earnings.

At 12:22 pm; TCI Express was trading 13 per cent higher at Rs 1,851 on the BSE, as compared to 0.07 per cent risen in the S&P BSE Sensex. The trading volumes at the counter